Germany’s housebuilding sector is ‘in a confidence crisis’

A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a … Read more

What the U.S. can learn from Norway when it comes to EV adoption

Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world’s largest auto … Read more

Europe must be more assertive ahead of uncertain U.S. election: Macron

Emmanuel Macron, France’s president, delivers a special address on day two of the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Bloomberg | Bloomberg | Getty Images French President Emmanuel Macron said Wednesday that Europe must be more assertive on the world stage as it confronts an uncertain future for its relations with … Read more

Stock Markets: Down to Davos

Signage ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024. Adam Galici | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

German Chancellor announces 2024 budget plan after debt crisis talks

German Chancellor Olaf Scholz (SPD), Economy and Climate Action Vice Chancellor Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP) listen during the Budgetary debate in the plenary hall of the German Lower house of Parliament or Bundestag on November 28, 2023 in Berlin, Germany. Michele Tantussi | Getty Images News | Getty Images Germany’s … Read more